Taiwan Keen to Deepen Trade Ties with India Beyond Semiconductors: says Manharsinh Laxmanbhai Yadav, Director General, India-Taipei Association

The successful conclusion of the second edition of PHDCCI’s business delegation to Taiwan led to opening of another fruitful chapter in Indo-Taiwan economic relations.  The delegates were from diverse sectors like plastics, chemicals, electricals, technology, education, and tea, aiming to explore fresh opportunities for trade and investment collaborations visited Taiwan from June 1st to 5th, 2025.

One of the key highlights of the delegation was the meeting with Manharsinh Laxmanbhai Yadav, Director General, India-Taipei Association (ITA) Led by Shri. Shreyansh Jain, Leader Sustainability Centre of PHDCCI & Director Sperry Plast. The engagement provided an important diplomatic and strategic perspective to the delegation’s week-long visit.

The Director General commended the efforts of PHDCCI and the participating Indian companies in building strong economic and industrial linkages with Taiwan and shared that Taiwan is keen to deepen its business and trade engagement with India beyond the semiconductor sector, where players like Foxconn and PSMC have already made headway. He encouraged greater collaboration in petrochemicals, electronics, technology, biotechnology, education, construction, sustainable manufacturing  and recycling and assured full support of ITA in Indian industry’s endeavours. He also showed interest in soon inviting a few Indian companies from the delegation, such as Sperry Group and KLJ Group to present detailed proposals to Taiwanese stakeholders.

Another key highlight of the visit was the “100-year celebration of Indian Tea in Taiwan” at a special event hosted at the Grand Hyatt, Taipei. The DG, India Taipei Association had hosted the event, which was attended by Taiwanese tea importers, Indian and Taiwanese diplomats, and key stakeholders from both nations.

PHDCCI delegates, Indian tea exporters, showcased premium teas and engaged in B2B meetings with Taiwanese tea importers.

The five day visit included the insightful academic and innovation-focused exchanges at Yuan Ze University and Amaran Biotechnology, followed by visits to National Tsing Hua University, ITRI, and an engaging tour of the original TSMC facility which offered a close look at Taiwan’s leadership in high-end technology and R&D.

This was followed by productive discussions at the Importers and Exporters Association of Taipei (IEAT), including the possibility of signing an MoU with PHDCCI during IEAT’s future visit to India. And industry visits to Foxconn’s facility, gaining valuable insights into its operations and exploring potential collaborations in electronics and supply chain management.

PHDCCI’s business delegation included, Shreyansh Jain, Director Sperry Plast; Manish Juneja, CEO, Electrical Industries; Vinod Kumar, Director, KLJ Group; Himanshu Soni, Director, Nirma University; Vikas Chakravarty, Director, RT Vision Technologies Pvt Ltd; Roopal, Director, RT Vision Technologies Pvt Ltd; Amit Jain, Director, Ingenium Infrastructure; Heman Shah,  Partner/ Director, Shah Brothers; Amit Dalan, Sr. VP, Jayshree Tea & Industries Ltd; Aparajita Mangotra,Sr. Secretary, PHDCCI and Jatin Nagpal, Joint Secretary, PHDCCI.

Overall, the delegation opened new doors for collaboration in education, technology, innovation, and trade. The visit was not only productive but also reaffirmed the strong potential for deeper business ties between India and Taiwan.